Credithrift, Inc. v. Knowles

ERVIN, Judge.

Credithrift, Inc., appeals from a final judgment of foreclosure determining that its mortgage was inferior and subordinate to the mortgage held by appellees, Robert S. Knowles and David M. Knowles, and determining that appellant was not entitled to relief under the doctrine of conventional subordination. We affirm as to both points raised.

Regarding the priority issue, appellant contends that its mortgage, which was executed prior to appellees’ mortgage, but recorded after appellees’ mortgage, is superior to appellees’ mortgage. In support of its position, appellant relies upon…